\begin{tabular}{|l|l|} \hline 2.5 .9 & The information given below was extracted from the accounting records of Disney \end{tabular} Traders, a partnership business with Goofy and Donald as partners. REQUIRED Prepare the Statement of changes in equity for the year ended 28 February 20.11. Information Extract from the ledger of Disney Traders on 28 February 20.11 \begin{tabular}{|l|r|} \hline & R \\ \hline Capital: Goofy & 450000 \\ \hline \end{tabular} Accounting and Financial Management \begin{tabular}{|l|r|} \hline Capital: Donald & 320000 \\ \hline Current a/c: Goofy (01 March 20.10) & 27200 \\ \hline Current a/c: Donald (01 March 20.10) & 22400 \\ \hline Drawings: Goofy & 60800 \\ \hline Drawings: Donald & 104000 \\ \hline \end{tabular} The following must be taken into account: \begin{tabular}{|l|l|l|} \hline (a) & \begin{tabular}{l} The net profit for the year, according to the Profit and loss account, amounted to \\ R430 500. \end{tabular} \\ \hline (b) & \begin{tabular}{l} The partners are entitled to interest on capital at 15\% per year. However, the rate \\ was increased to 18\% per year with effect from 01 December 20.10. \end{tabular} \\ \hline (c) & \begin{tabular}{l} The partners are entitled to the following monthly salaries for the first 6 months of \\ the financial year: \end{tabular} \\ \hline & \begin{tabular}{l} Goofy \\ Donald \end{tabular} & \begin{tabular}{l} R7 500 \\ R6 500 \end{tabular} \\ \hline (d) & Partners' salaries were increased by 10\% with effect from 01 September 20.10. \\ \hline & Interest on partners' drawings is to be charged as follows: \\ \hline & \begin{tabular}{l} Goofy \\ Donald \end{tabular} & \begin{tabular}{l} R3 045 \\ R5 200 \end{tabular} \\ \hline (e) & \multicolumn{2}{|l|}{ The balance of the profit must be shared between Goofy and Donald equally. } \\ \hline \end{tabular}